Holiday Setups

Don’t even get me started on all the drama on the equities side – I had an inkling there would be a shake out but all this uncertainty seems to have completely derailed this year’s Santa Rally. Turns out the market doesn’t much favor the prospect of a potential economic melt-down – who would have thought? Certainly not our esteemed elected representatives in Congress. There is little edge in picking sides in equities over the next few days – the name of the game is volatility and it’s almost impossible to predict which way the whip will be cracking. Best to stay out and focus on other markets.

As you know I’m taking a few days off so allow me to breeze through a few setups I was able to dip up today. Besides I promised Mrs. Evil to not look at any charts and if I get caught I’m in a world of hurt. Here’s copper which is looking very juicy as it’s just reversed through its 100-day SMA (which is still rising). A pop above the 25-hour right above would be my signal to grab a few longs here.

Crude also looking irresistible as it’s above its 100-day SMA and may just pop above that diagonal resistance line it has been painting for the past month. I guess you know what I’m thinking – long with a stop below the SMA – confirmation is at 92. You can of course wait until the diagonal gives way – all depends on your style and risk tolerance. I would not think about a short unless it drops back below the 100-day again.

Two more for my intrepid subs:

More charts and non-biased commentary below for anyone donning a secret decoder ring. If you are interested in becoming a Gold member then don’t waste time and sign up here. And if you are a Zero or Geronimo subscriber it includes access to all Gold posts, so you actually get double the bang for your buck.

Please login or register for Zero Data Feed (non-recurring) or Zero Data Feed (recurring) or ES Gold (non-recurring) or ES Gold (recurring) or geronimo/ES (recurring) to view this content.

Cheers,

This entry was posted on Wednesday, December 26th, 2012 at 2:14 pm. Both comments and pings are currently closed.



  • http://ibergamot.blogspot.com/ i Bergamot

    This is a reply to @Pervergence :

    “How much coin” is a relative measure. If i lose $100 – it’s alot compare to my salary, but negligible amount in my portfolio.
    How are you going to follow a system, where you don’t research and decide on your entry and stops? What if internet down? What if the Guy is sick or away? What are you going to do?
    Look, dude is not going to make you rich. Nobody will. He will teach you to
    fish sometimes, but mostly he will show you where the fishes are and you yourself have to go and get it.
    Personally, I have a good year. Will be up 8-10%. Compare to SPX its nothing to write home about. Compare to fact that 30% of hedge funds worldwide went out of business this year (and took clients funds with them)- I am a fucking king of the world

  • http://dartht.blogspot.com/ Evil_Gerb

    Mrs. Gerb is not fond of me oogling charts while she does laundry.
    guess I’m out for the day.
    cheers.

  • captainboom

    Oogling Mrs. Gerb while she does laundry, now that’s another matter!

  • Skynard

    Looks like a last kiss goodbye:)

  • MrMargin

    It’s not about absolute amounts, it’s about R-multiples and those should be adjusted to your account size unless you want to blow up. In addition, anybody without a verified (or at least published) track record is highly suspicious. There are litereally thousands of services on the Internet claiming to help you trade and I almost none of them actually work. This is the reason why I never take any of the setups presented. For the most part I don’t even read the posts anymore. The only thing I’m really interested in is the Zero as it has some use for my purposes.

  • http://ibergamot.blogspot.com/ i Bergamot

     How dare you not to read the posts of our generous host? :)

  • badflightrisk

    Shorts are getting smoked with RIMM.  That was a nice long after they knocked it down 25% in three days but 12% is a gift.

  • Skynard

    That thing has been a roller coaster:)

  • Skynard

    Alrighty, lets see that div on the 5 min. possible 20 test in the works.

  • http://evilspeculator.com molecool

    Boy, tough crowd today. I think I’ll take my vacation now….

  • http://evilspeculator.com molecool

    So I guess this means I should finish my Mole/Zero based trading system, put it up for sub, and then retire from blogging? :-)

  • Skynard

    Looking for /SI to hold the 30 level, if it doesn’t will be short.

  • SirDagonet

    well, my .02 (deduct .01′s worth since I’m a lurker)… set up a loosely defined training session/video on your trading methods… subs/lurkers can take them or leave them…

    I find *some* of the blog comments/participants useful and informative

  • http://ibergamot.blogspot.com/ i Bergamot

    Bad VIX candle. All outside BBands.
     

  • http://ibergamot.blogspot.com/ i Bergamot

     Don’t go.
    don’t leave me here …
    aaaaaaaaaaaaaa
    (last remnants of Holiday psychosis)

  • Rightside_ot_trade

    Pretty strong accumulation past few days according to a proprietary indicator
    Daily RTV Buy with inside day?

  • AmazingLarry

    Good idea. I’m canceling my sub right now. You’ll never trade in this town again, you hear me! You’re finished! :P

    To be fair to MrM, he has a few good points and has posted trades I’ve taken and banked on this year. I listen to many a rat’s opinion, but at the end to the day I just do what I do. 

  • http://evilspeculator.com molecool

    I’ve been putting up my setups for years now – and if you go back then you’ll see that my hit rate is rather good. The systems I use are fairly simple – you hang around for more than a week or two it should all come into focus.

  • http://evilspeculator.com molecool

    Everyone has a different approach to trading. I’ve earned my keep for over four years now and despite what any well-meaning reader may propose I’ll keep doing what I’ve been doing best. Which is post setups, offer analysis, and continue work on my trading systems and indicators. Some people come here for the Zero and others for the charts. Guess what – some people come here for only for FX and others are only interested in commodities. Everyone has their own area of interest. And some people see no value whatsoever.

    One lesson I have learned in the past few years is that you can’t make everyone happy all the time. The other lesson I’ve learned is not to get upset about blog comments ;-)

  • http://evilspeculator.com molecool

    Case in point ;-)

  • Skynard

    Have been watching that 30 level, where else you going to put your coin:)

    Cash is a position!

  • http://ibergamot.blogspot.com/ i Bergamot

    You are doing a great job!
    Don’t change anything.
    Do take some time off. It was a great year, you’ve earned it

  • http://ibergamot.blogspot.com/ i Bergamot

     He-he

  • Skynard

    Can not believe how much the Yen has collapsed. Looks like a good test coming up on AUDJPY (100 hourly upper BB).

  • newbfxtrader

    Yeah tell me about it. Overbought/oversold means nothing in FX!

  • newbfxtrader

    Daily RSI on /6J is like 16. Un believable.

  • Skynard

    Looks like capitulation, that last gap down.

  • http://dartht.blogspot.com/ Evil_Gerb
  • Rightside_ot_trade

    Thats for sure $$$
    Yeah 30 looks like the middle of the recent battleground

  • Skynard

    Lol, that’s great! Why not, kind of makes you think.

  • http://dartht.blogspot.com/ Evil_Gerb
  • ridingwaves
  • Skynard

    Have a feeling those ding dongs will open their mouth again and send this market up to squeeze the shorts.

  • Skynard

    Allot of JPY data tonight to digest.

  • Rightside_ot_trade

    Head fake break down out of the range
    Now we can see if the range was completed and it makes a run up.
    Or it could double head fake. I’m patient with it and gold

  • http://ibergamot.blogspot.com/ i Bergamot

    This is Santa Clause Rally. No?
    O, I know. This is sideways consolidation, because of Cliff. No?
    Short squeeze coming? With 2.7mil cars on ES – there are no bears to kill. No.
    How about 100 Samurai aka QQQ. This chart is a BBands madness, but I see a brick wall resistance at 66 and no strong support.
    Inflection point? It does’t get any better than this. Yes.
    Short via QID at the moment

  • Skynard

    Flipped /ES, now long:)

  • http://evilspeculator.com molecool

    Which part of ‘ignore equities was unclear to you? You are wasting your time even thinking about this. Go out skying or something – time better spent.

  • Skynard

    We got snow, hitting the slopes:)

  • http://evilspeculator.com molecool

    Ata boy!! :-)

  • http://evilspeculator.com molecool

    Hey, don’t blame me if you break a leg – hehe

  • http://evilspeculator.com molecool

    I have made that point on many many occasions. EWI aficionados make a point about the ubiquity of ‘extended fifths’ on the FX side.

  • itslance

    Mole – Do you remember around what month you posted the FX broker information?  I hate to be THAT guy, but I’m having trouble finding it.

    Does anyone trade FX/Futures from a mobile platform besides ToS or Mobile Trader? If so, what do you use?

  • http://dartht.blogspot.com/ Evil_Gerb

    /ES lower BB100,2.0
    so tempting for a long.
    end of year?  pass.

  • ridingwaves

    financials weak, looks like the pigmen are using scare the peeps strategy today

  • captainboom

    I had bookmarked it, and this might be the link, but it’s not loading.  It was titled, “First You Find a Good Forex Broker”.  Perhaps it went stale when Mole moved.  It seems there was another link as well, but I don’t find it right away.

    http://evilspeculator.com/?p=26217

  • captainboom

    Found it.  Post was called “Introducing ATG Marketplex”, but the link to the post isn’t working.  Post date was April 23, 2012.   http://evilspeculator.com/?p=28351

  • newbfxtrader

    yeah. still good to be reminded so i dont get too cocky.

  • itslance

    Thank you captainboom!

  • ridingwaves

    Silver getting a little frisky while gold down…hmmmm

  • Skynard

    Long /ES @ 1402 on the div, See you folks next near. Have a safe and happy new year!

  • http://dartht.blogspot.com/ Evil_Gerb

    I see that.
    switching to larger candles, cats love to chase yarn balls.

  • ridingwaves

    looks like dollar about to roll over…could be juicy short…

  • http://dartht.blogspot.com/ Evil_Gerb

    i’m not seeing it.
    UUP has been in the chop for 3 days.

  • ridingwaves

    looking at dollar chart 10050 or there abouts looks like stall area…

  • http://dartht.blogspot.com/ Evil_Gerb

    looks like instead of a year end topper, it’s a profit taking closer.
    28th should roll into a low spot.

    http://s8.postimage.org/uvi0p5xpv/temp1.png

    I’m outta here, better to exercise than rot in front of a terminal.
    -Gerb

  • Joe_Jones

    Bulls better take profit before Obama helps himself to fund USSA. Bears are having a delayed Christmas this year. As far as I am concerned, I am glad to finish the year in the money. 

  • http://ibergamot.blogspot.com/ i Bergamot

     God help us! USSR again? I’m running out of places to move.

  • ridingwaves

    12:15pWhale beached in NYC dies
    I was thinking Jamie Dimon or Rush and broke out the bubbly

  • Joe_Jones

    Any country with a debt/gdp ratio over 60% with a large trade deficit is dead in the long run. The US stopped growing at the dotcom peak and has been on a downhill slope since. It is never too late to seek better prospects,… until it’s too late.

  • ridingwaves

    lots of action today….what side are they setting up here…

  • http://www.facebook.com/profile.php?id=100001131611045 Exar Kun

    What? Mole Arrows showing up all over the place just when my longs turned green… ? lol

  • http://evilspeculator.com molecool

    I have not optimized them on the TOS side. Cutting the noise has been one of my focus areas whilst implementing it on the NT side.

  • AMCabrera
  • http://www.facebook.com/profile.php?id=100001131611045 Exar Kun

     Mole arrows look accurate almost 90% of the time except during the first hr of trading, i supposed that’s why a few chaps here dislike trading during that hour. In this case, the arrows are useful, or else I would have stayed in the Dow trade bcos the zero lite turned positive and my euros r up too.

  • ridingwaves

    Japan: Abe Cabinet working on plan to fight strong yen, Nikkei says. P&F chart target looking more realistic..
    http://s14.postimage.org/mlym8j135/ycs.jpg

  • http://evilspeculator.com molecool

    I have been refining them in the past few weeks. Work in progress as I’m a perfectionist. Wait for it…

  • newbfxtrader

    Thats the German speaking?!

  • AmazingLarry

    Someone posted a Kyle Bass vid on YT yesterday regarding Japan. Thought he added another interesting piece to the puzzle. Don’t have a link but if you search you should find it. 

  • newbfxtrader
  • BobbyLow

    Pop, Pop, Fiz, Fiz, oh what a relief it is,

    They play their dangerous game,
    While all they do is blame,
    Throw the baby out with the trash,
    What better time to be in cash, 
    In time they’ll show their guile,
    Proclaiming “My Friends Across The Isle”,
    Look at us, look at us, we did our bit!,
    Smells like – looks like, better not step in it.

    Pop, Pop, Fiz, Fiz, oh what a relief it is. . .    

    Excuse the lousy poetry folks – Just doing what ever it takes to keep my hands out this currently exacerbated Shark Infested Market.    :) 

      

  • AmazingLarry

    Even better. I just caught a clip of that entire presentation. Didn’t realize it was from Oct of this year. 

  • newbfxtrader

    Its over a hour but worth it. 

  • ridingwaves

    any minutes where I should step in for the good stuff…

    I’m confident the Yen is being held up by China….eliminate your closest competition first…plus Nanking will never be forgotten, the art of war touches on this..

  • BobbyLow

    Wow, somebody must have said something at 2:45 with 62,000 ES Contracts within that 5 Minute Candle.

    Or perhaps Just a little seed money to get things going.  

  • bdoone

    U.S. HOUSE SAID TO PLAN 6:30 P.M. SESSION ON DEC. 30

  • BobbyLow

    Well there you have it.   

    Gee, I wonder what the Futures will be like Sunday night?   LOL

  • http://ibergamot.blogspot.com/ i Bergamot

    Buying EEM. Stop  under 43.
    Lets see what she can do

  • AmazingLarry

    Hello Robert. I would like to inform you that everything is fixed. Thanks for playing, Mr Market. LMAO!

  • AMCabrera

    Nope it still would have hit 1410. Natural target. I blame the cat to be honest.

  • newbfxtrader

    limit down then limit up!

  • AMCabrera

    Sometimes I wish I had access to the discount window.

  • newbfxtrader

    At 0% we could each borrow a trillion each and carry trade!

  • Skynard

    WTF was that?

  • captainboom

    Boner opened his mouth.

  • Skynard

    Damn, exactly what I thought. Going skying now:)

  • ridingwaves

    dax having best year in last 9…thanks for the bass link…good stuff..

    I hope vix players had trailing stops or quick mouses

  • bdoone

    Just another unchanged holiday trading session
    Gonna be some wicked candles on the daily charts.

  • mrmik3

    … thats the leo speaking.. i think?

  • AmazingLarry

    100 SMA on the IWM continues to be kryptonite. Amazing. 

  • AMCabrera

    A DEAL HAS BEEN DONE!

  • AMCabrera

    On whats for dinner…sorry if I cause any buy orders..

  • Curiousmind3861

    Congrats, 20 points move in 2 hours. Look at the volatility in volatility, UVXY from 24.5 to 28.2, then back to 24.5

  • http://dartht.blogspot.com/ Evil_Gerb

    ZZZzzz….huh? wha?

  • http://ibergamot.blogspot.com/ i Bergamot

    Fellows, What is the daily NLBL on ES ?
    Thanks

  • http://dartht.blogspot.com/ Evil_Gerb

    oh, I get it.

    and I’ve learned so much over end-of-years 2010/2011.  he he
    I sleep good tonite, yes siree.
    /ES
    http://s14.postimage.org/r9k5mlpht/temp1.png

  • BobbyLow

    Amen Brother Gerb.   :)

  • http://evilspeculator.com molecool

    See – we went nowhere fast. Told ya guys to sit this one out…

  • captainboom

    I have one at 1441.25, but I’d take that cautiously.  I noticed my code is slightly different than Mole’s, as I can occasionally see different Net Lines. I’m using the code from ThinkScripter with no modifications.

  • http://ibergamot.blogspot.com/ i Bergamot

     thanks

  • http://evilspeculator.com molecool

    I don’t have one right now, but TOS charts seem to be a bit screwed up right now.

  • http://dartht.blogspot.com/ Evil_Gerb

    a glitch on the BullishPercent, may be nothing – then again, agents may be coming.
    (a glitch turns into a crack, which in turn becomes a reversal)

    http://media.comicvine.com/uploads/6/63458/2412575-agent_smith_standing_in_rain_matrix_revolutions_5b1_5d.jpg

    http://stockcharts.com/h-sc/ui?s=$BPSPX&p=D&yr=0&mn=2&dy=0&id=p24383071664

  • Curiousmind3861

    how low can Yen go??

  • newbfxtrader

    114 is Moles PnF target. We are at 116….

  • newbfxtrader

    RSI on daily is 14 on /6J. Impressive. Two weeks ago I thought it was “oversold”.

  • Curiousmind3861

    I thought FXY went below target today already, today’s low was 113.86

  • newbfxtrader

    http://stockcharts.com/h-sc/ui?s=%24XJY yep. ur right my bad. I was looking at different chart. Guess you could start nibbling some longs.

  • thepercolator

    /LBH ID yesterday breached low tonight.  Only 14% Bears.  Tread carefully awfully thin market.

  • thepercolator

    /KCH ID NR7+.  Only 18% Bulls, seasonality and COT is bullish with the exception of small specs.

  • thepercolator

    Not an expert by any means regarding NLBL but I think there’s one on /KCH at 1.4800 not sure if that’s still valid, but KC settled today at 1.4790.

  • Skynard

    Looking for some Mojo out of /SI here:)

  • Skynard

    Too damn cold today to hit the slopes, long /ES 1406.75:)

  • http://evilspeculator.com molecool

    LOL – spoos almost lost all of yesterday’s EOD gains overnight  - what a wood chipper…

  • Joe_Jones

    I’ll tell Mrs. Evil that you have been looking at charts again. ;-)

  • http://evilspeculator.com molecool

    Truth be told I am taking things a bit easy this week to work on the Mole system. Have made tremendous progress over the past two days and I think I’m closer to releasing it into beta. You didn’t really think the Mole is going to just relax for a week? ;-)

  • AMCabrera

    you mean strap-on right? its called pegging.

  • http://evilspeculator.com molecool

    Odds are you’re probably about to hit some powdery slopes in some alpine paradise just about now. But in case you decided to just simply kick it this holiday season you may consider catching up with three salient posts I presented over the years:

    Market Weather: http://evilspeculator.com/?p=29243

    Information Diet: http://evilspeculator.com/?p=29347

    Position Sizing: http://evilspeculator.com/?p=24730

  • http://dartht.blogspot.com/ Evil_Gerb
  • Rightside_ot_trade

    Yesterday was pretty tradeable as an outside day but with the head fake down and a nice reversal candle on the hourly,
    so far inside day , But again looking like a tradable diagonal on the hourly,possible long on a breach
    But what looks like a higher chance is a trading range between the now very flat hourly 100 bollys

  • Joe_Jones

    LOL!

  • http://dartht.blogspot.com/ Evil_Gerb

    oh, you need the song to go with it! ;-)
    http://www.youtube.com/watch?v=LbUpPVOEkdA

  • captainboom

    Thanks for the reminder.  I had this one on my list for next week:

    How To Develop a Trading System – Part 1:  http://evilspeculator.com/?p=30556

    Did you ever write a Part 2?

  • captainboom

    Looking like AAPL is going to give us an inside day and an inside week.

  • Joe_Jones

    Looking forward to see the new system. I definitively need to tune up my scalping strategy. It’s been hard to make coin lately by holding anything more than 2 days.

  • Skynard

    Serious booby traps, geez!

  • http://dartht.blogspot.com/ Evil_Gerb

    yeah, it better do something quick.
    or it’s 450.http://s2.postimage.org/ke1skhx1l/candy.png

  • captainboom

    Which coincides nicely with the PnF target of 445.

  • Joe_Jones

    $NYDNV:$NYUPV, $TRIN and $VIX ain’t too bullish this morning. 5 min Zero should have some use today.

  • ridingwaves

    NG report out…ride north commences…

  • http://dartht.blogspot.com/ Evil_Gerb
  • BobbyLow

    I think money might be made in Quick Day Trade Scalps.  And you are one of the best scalpers I’ve ever seen.

    But Swinging through this type of action could leave a lot of cuts.  Having been out of the market since December 19th, I must confess that this has been my longest amount of consecutive days out during the past 14 Years.   

    I must confess to a tiny bit of “withdrawal” going on.  But this is my Action Junkie coming out.   Perhaps this experience might be another step out of the woods for me.   This is because these are the type of extraordinarily dangerous market times that in the past I would be playing with absolutely no edge whatsoever.  

    No Edge = – 0

  • http://evilspeculator.com molecool

    Not yet – I have been so bogged down working on my Requiem ;-)

  • http://dartht.blogspot.com/ Evil_Gerb
  • Skynard

    Agree, waiting for that breach. That will decide.

  • BobbyLow

    And we still have Oil coming out the Wazoo.

    “Crude oil erased gains after the U.S. government reported gasoline supplies climbed to the highest level since March and distillate inventories advanced.”

    http://www.bloomberg.com/news/2012-12-28/oil-heads-for-third-weekly-gain-on-inventories.html

    The Link Heading and the Content kind kind of make ya say – Whaaaaaat?

  • ridingwaves

    We use less gas today with 20 million more drivers than 1990….crazy

  • http://dartht.blogspot.com/ Evil_Gerb
  • Joe_Jones

    With that kind of wheels you should join the Posse: http://www.azfamily.com/news/Sheriff-Arpaio-is-sending-posse-to-protect-schools-185012341.html

  • Skynard

    Very resourceful and tradeable today, we should see a sizable move shortly. Small range/5 min div = North IMO. Especially since the dollar ramp and puke in early morning.

  • Skynard

    There is nothing wrong with that, many times over trading gets me caught. Nice to have some time to digest the market rather that to try and catch these moves.

  • ridingwaves

    I love that guy……we need more sheriff’s like him

  • Joe_Jones

    One of the few lone voices against totalitarianism. Steel cojones this man has. 

  • ridingwaves

    Someones playing with ABIO….set at stop at .37 and see where it goes…

  • http://dartht.blogspot.com/ Evil_Gerb

    OMG, the egomaniac is at it again.
    you thought I was an attention whore! ;-)

  • ridingwaves

    egomaniac? my bad….I will post once a week for now on…like the chart on that bio spec…if I lose a penny per share it might hurt a little..

  • http://dartht.blogspot.com/ Evil_Gerb

    no no no, the Sheriff is an egomaniac, he loooooves the spotlight.

  • BobbyLow

    It’s back to “Groundhog Day” as the DOW is currently printing in the 12,000′s again.

    The Dow first went into the 12,000′s six years ago.

    Just think of all the burnin and churnin done in 401K’s over this time period.  And it ain’t over yet folks.   :)

  • http://dartht.blogspot.com/ Evil_Gerb

    the DOW/gold ratio is 8.1
    that takes us back to 1993.
    I have some wonderful inverted Ts on that chart, but I’ll share it in 2017.
    =P

  • http://www.facebook.com/STOCKTRADER74 Ralph Scotti

     Bought spx 141 calls at 1.62 today. hope we ramp up Monday.

  • Joe_Jones

    Hope?

  • AmazingLarry

    Gerb, does Disqus eat your posts or do you go back and delete them? 

  • AMCabrera

    yea that never works.

  • Joe_Jones

    I think Gerb carries multiple personalities. One of them being a compulsive self-censorship disorder ;-)

  • BobbyLow

    They might work out for you Ralph if you get a big Ramp Monday but watch out for the VIX on Monday which would probably go down if the SPX ramps up.  This could affect your value through Vega.  Or otherwise known as getting screwed by one of the Greeks.

  • Joe_Jones

    yup. The only way to learn it is the hard painful way…or getting some tough love from the Kaiser.  ;-)

  • Joe_Jones

    hear, hear… 

  • BobbyLow

    Yep.  Been there, done that.   LOL

  • BobbyLow

    I noticed that too.  Perhaps some counselling might be in order.   :)

  • Joe_Jones
  • Schwerepunkt

    I see Ms. Market busted another fluff today. She really should see someone about that . . . 

  • BobbyLow

    Look at the way the market tanked at the close.  

    I expect nothing less than a ramp up in the Futures Sunday Night if the Pols meet and it looks like they might be talking about setting a future date to talk about setting another meeting to discuss multiple differences.  (More Crap)  

    OTOH, if it looks like talks might get bogged down (Surprise) similar to the peace talks to end the Korean and Vietnam Conflicts then the Futures react as if they are doing a Cha-Cha.  

    I can’t even guess at what the results would be on Monday and am completely balless to take a chance either way.  But it’ll be a real hoot to watch it play out.   :)

    Have a great weekend everybody.

    Go Patriots and Go Colts.

  • http://dartht.blogspot.com/ Evil_Gerb

    I was beaten too much below deck.
    Beware the Cap’n. tis an evil drinking vice.

  • Schwerepunkt

    Nah, Go Broncos, go Colts. :)

  • http://dartht.blogspot.com/ Evil_Gerb

    NFL is for closers. are you always closing Bobby?..

    soggy blue T.  tis be warned yesterday!
    Arggggh.
    http://evilspeculator.com/?p=32972#comment-748577169

  • BobbyLow

    There’s no way the Broncos are going to lose to the Chiefs especially in Denver.  :)

    But if the Colts win, Broncos win and the Pats win it puts you guys in at #1 and us at #2.   I’ve already accepted that the Pats have to go to Denver.   :(

  • http://twitter.com/NobodyTrader Nobody Trader

    At least this current logjam should end soon, who cares which way. BOAT DRINKS

  • Wave_Surfer

    $VXV:$VIX ratio is interesting.  Pretty strong drop in the last 3 days.
    Painting a bottom?
    VIX grew almost 17% today.  Is it a sign of capitulation and the markets will bounce off of the Bollinger bands, or is it the starting kick off of a decline where the markets will embed into the Bollinger Bands.

  • http://evilspeculator.com molecool

    Last time it dropped like this after failing support was in late August 2011. This could get ugly.

  • http://evilspeculator.com molecool

    Got Vaseline?

  • http://evilspeculator.com molecool

    Oh, he’ll learn – one way or the other. 

  • newbfxtrader

    No need. Been short for days now. Will be for the next few weeks.

  • newbfxtrader

    http://www.barchart.com/chart.php?sym=A6*1&style=technical&template=&p=DN&d=X&sd=&ed=&size=M&log=0&t=BAR&v=0&g=1&evnt=1&late=1&o1=&o2=&o3=&sh=150&indicators=COTLC(13369344,26112,153);COTFIN(13369344,26112,153,16750848)&chartindicator_3_code=COTLC&chartindicator_3_param_0=13369344&chartindicator_3_param_1=26112&chartindicator_3_param_2=153&chartindicator_5_code=COTFIN&chartindicator_5_param_0=13369344&chartindicator_5_param_1=26112&chartindicator_5_param_2=153&chartindicator_5_param_3=16750848&addindicator=&submitted=1&fpage=&txtDate=

  • newbfxtrader

    http://www.barchart.com/chart.php?sym=A6*1&style=technical&template=&p=DN&d=X&sd=&ed=&size=M&log=0&t=BAR&v=0&g=1&evnt=1&late=1&o1=&o2=&o3=&sh=150&indicators=COTLC(13369344,26112,153);COTFIN(13369344,26112,153,16750848)&chartindicator_3_code=COTLC&chartindicator_3_param_0=13369344&chartindicator_3_param_1=26112&chartindicator_3_param_2=153&chartindicator_5_code=COTFIN&chartindicator_5_param_0=13369344&chartindicator_5_param_1=26112&chartindicator_5_param_2=153&chartindicator_5_param_3=16750848&addindicator=&submitted=1&fpage=&txtDate=

    Better be on same side as the sharks…I feel he’s in for some what you call pegging….

  • Wave_Surfer

    The Commitment of Traders looks very similar to how it looked on August 31, 2012.

  • Wave_Surfer

    $VXV:$VIX had similar numbers as now both at the start and the end of that correction.
    The question is, “Is today more like August 22, 2011 or more like July 28, 2011?”
    Since I don’t have a lot of confidence as to who will need the Vaseline at this point, I am out of all my short and medium term positions.
    Lots of fear  with $VIX spiking wildly out of the BB and having SPY touch the lower Bollinger band seem like a good place for a bounce to me, but I do not feel confident enough to have money on the line, especially over the weekend.

  • http://twitter.com/NobodyTrader Nobody Trader

    It won’t go down signficantly. The path of max frustration is to now blow out the shorts, then torpedo the longs again. And again. And on and on.

  • http://evilspeculator.com molecool

    Agree on all points, mate.

  • http://evilspeculator.com molecool

    Which is why I have little interest of participating here.

  • newbfxtrader

    You mean another test of the highs? I see that. Partial profits booked on aud/usd. No luck so far on aud/jpy. On the next “fiscal cliff is averted” ramp job next week I will add to aud/usd shorts for an eventual test of sub parity. 

  • newbfxtrader
  • http://dartht.blogspot.com/ Evil_Gerb
  • newbfxtrader
  • newbfxtrader
  • http://dartht.blogspot.com/ Evil_Gerb

    you noticed that too?  it was a blip, and now it’s 3 blips, even though the 28th registered positive.
    at this point, let’s just say i’m not swinging for the fences long. more expectant of chop. ;-)

  • newbfxtrader
  • http://dartht.blogspot.com/ Evil_Gerb

    The US Dollar continues to push higher as the S&P 500 probes lower to challenge the 1400 figure with an eye toward deer losses head

    would that be dear loses ahead? or deer loses head?

    http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2012/05-2/Deer%20Headlights.jpg

  • newbfxtrader

    Dont worry PPT will show up sunday night. Put some buy orders around 1340 or so and you will be good!

  • AMCabrera

    http://www.youtube.com/watch?v=1rrhDRBNsc8
    http://content.screencast.com/users/AMCabrera/folders/Jing/media/f32ecfe9-7355-463c-a519-f2f005f56339/2012-12-30_0828.png
    http://content.screencast.com/users/AMCabrera/folders/Jing/media/edfdb441-e3a4-4cfb-af20-7fb209d36c89/2012-12-30_0829.png
    http://www.youtube.com/watch?v=0dqxSzSyWVc
    men of this beloved blog perhaps there needs to be the reminder of the silliness that will occur. More than likely since stops are located all over the place from those thinking there will be a ramp or ramp camp or damp camp ramp doesnt matter. Just know it is only for you to dance. First the spx needs to get out of this sucker move to the downside very fast. No im not talking about a pop back to 1420 that will just be the “bandZ” being popped on your retail booty. The eur/gbp is sitting on massively important levels if it slips and closes below the upper band then we could very well being witnessing a very serve bear market forming. Anyhow, I could give a rats ass about any of this as I have being quietly continuing the second phase of operation crescendo. I no longer have any nzd short and very little aussie shorts and are now longer my flagships. Ive been stacking up on usd/sek and usd/nok longs past few days and are now my flagships.. See you guys in a few hours.

  • http://evilspeculator.com molecool

    ¤ø„¸¸„ø¤º°¨¤ø„¸¸„ø¤º°¨ 
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    ¸„ø¤º°¨ M E A T“°º¤ø„¸
    ¸„ø¤º°¨¤ø„¸¸„ø¤º°º¤ø„¸





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